BJ Services is one of the large companies being investigated by the U.S. House Energy and Commerce Committee to see if the gas extraction method known as hydraulic fracturing, or fracking, is a hazard to groundwater drinking supplies.
BJ Energy Solutions on Wikipedia:
BJ Energy Solutions (known as “BJ”) was founded in 1872 as the Byron Jackson Company in Woodland, California, by inventor Byron Jackson.
Since 2020 BJ Energy Solutions has provided hydraulic fracturing solutions[buzzword] to upstream oil and gas companies engaged in the exploration and production of North American oil and natural gas resources.
…On 20 July 2020, BJ Services filed Chapter 11 bankruptcy.[7]
In September 2020, a group of private investors purchased the BJ brand along with a portion of the fracturing assets to create BJ Energy Solutions, LLC. The company operates in North American basins and utilizes Next-Generation Fracturing technology.[8][9]
BJ Energy Solutions on Wikipedia
See also: Barchart Solutions. Frac pioneer BJ Services files Chapter 11 bankruptcy. 20 Jul 2020. World Oil.
BJ Services Company, one of the pioneers of the fracing techniques behind America’s shale revolution, filed for Chapter 11 bankruptcy protection on Monday morning amid a severe downturn in oilfield services demand. The company had been in discussions to sell its cementing business, and a portion of its fracing operations.
A “severe downturn in activity and subsequent lack of liquidity resulted in an unmanageable capital structure”, Chief Executive Officer Warren Zemlak said of the filing. BJ Services listed assets and liabilities between $500 million and $1 billion in its bankruptcy petition, filed in the Southern District of Texas.
Regarding its operations in Canada, BJ Services said it would seek protection under the Companies’ Creditors Agreement Act in order to facilitate an orderly wind-down of its Canadian operations.
Barchart Solutions. Frac pioneer BJ Services files Chapter 11 bankruptcy. 20 Jul 2020. World Oil.
From their archived website:
BJ Services is a leading provider of hydraulic fracturing and cementing services to upstream oil and gas companies engaged in the exploration and production of North American oil and natural gas resources. Based in Tomball, Texas, BJ operates in every major basin throughout U.S. and Canada.
With high reliability as a core value driving our teams and operations, we are committed to perfecting operational execution in the oilfield.
BJ’s technology and equipment are engineered to solve the industry’s toughest challenges. Our re-engineered and updated equipment, paired with our innovative chemistry solutions, provide reliable and efficient operations to our clients. Our centralized maintenance facility helps maximize the uptime and run-life of our equipment in the field.
This consistent focus provides quality operations for our clients, helps ensure the safety of our employees, and allows us to act as good environmental stewards.
BJ Services website snapshot, 7 Mar 2021
See also: BJ Services website snapshot, 1998:
Byron Jackson began building oil field pumps in 1872. 125 years later, following a succession of owners, partners and product lines, the company has evolved to become BJ Services Company, a $1.5 billion provider of pumping services worldwide with an enviable array of oilfield services businesses around its pressure pumping skills.
Today, BJ Services’ core business consists of cementing, stimulation and coiled tubing services worldwide. BJ also provides casing and tubular services, pipeline and industrial commissioning and inspection services and specialty chemicals in selected geographic markets.
BJ Services website snapshot, 1998
See also: U.S. patent number 11,015,594 [Application Number 16/948,291] was granted by the patent office on 2021-05-25 for systems and method for use of single mass flywheel alongside torsional vibration damper assembly for single acting reciprocating pump. This patent grant is currently assigned to BJ Energy Solutions, LLC. The grantee listed for this patent is BJ Energy Solutions, LLC. Invention is credited to Guillermo Rodriguez, Ricardo Rodriguez-Ramon, Samir Nath Seth, Tony Yeung.
The Houston Chronicle reported that Texas Democratic gubernatorial nominee Bill White, 2010, may have had a conflict of interest during his term as mayor of Houston. Bill White earned more than $2.6 million serving on the board of a gas well servicing company that now is part of a congressional investigation into possible groundwater contamination.
White, who made cleaning Houston’s polluted air a hallmark of his tenure as Houston’s mayor, has been on the board of BJ Services Co. since 2003, the year he was elected, earning more than $627,000.
White also received almost $830,000 in stock and another $245,000 in stock options. He will receive an additional $180,000 in stock and a retirement payout of $783,000 if the firm’s merger with Baker Hughes is approved by shareholders Friday.
See also: 03/31/2010–Baker Hughes and BJ Services Stockholders Approve Merger
From the web site: “BJ Services has earned a reputation for providing reliable fracturing services for virtually every major shale oil and gas operator. Since 1981, our skilled engineers and crews have successfully designed and pumped more than 21,500 shale frac treatments around the world. We know that every shale formation is different and we offer the most advanced fracturing technologies–the right fluids, proppants and equipment–needed to “crack the code” for optimum frac designs and operations.”
See: Energy & Commerce Committee Investigates Potential Impacts of Hydraulic Fracturing
See: White linked to company in pollution probe
See: EPA Findings on Hydraulic Fracturing Deemed “Unsupportable”
See: Coalbed Methane Development: The Costs and Benefits of an Emerging Energy Resource
See: Natural gas: the commodity world’s ugly duckling
See: This Website is a Crash Course In Fracking
See: Affirming Gasland
See: U.S. Speaker Nancy Pelosi: The Gavel: Draining The Swamp
See: Ceres Principles – Corporate Environmental Conduct
See: The top five stories of the year [2010] for climate hawks
See: BP chief hails American breakthrough in gas supplies from shale rocks
See: Fueling Washington
See: The Next Drilling Disaster?
See: Natural Gas Industry Shills Use the Media to Mislead the Public – Here’s How to Spot Them
